Reinsurance Jobs in Cromwell, CT
Reinsurance is a financial tool that insurance companies use to manage risk. Essentially, it involves insurance companies transferring portions of their risk portfolios to other parties to reduce the likelihood of having to pay a large obligation resulting from an insurance claim. In other words, it is insurance for insurance companies. Reinsurance enables insurance companies to remain solvent by recovering part or all amounts paid to claimants. Further, reinsurance also provides insurance companies the capacity to underwrite policies that cover a larger volume of risks without excessively raising the costs of covering their solvency margins.
Individuals seeking roles in Reinsurance should have strong analytical, decision-making, and negotiation skills. Moreover, having a deep understanding of risk analysis, financial markets, and regulatory requirements are also essential. A certification as a Chartered Property Casualty Underwriter (CPCU) or Associate in Reinsurance (ARe) might be required. Some typical roles a person may have before becoming a Reinsurance Professional include Underwriter, Claims Adjuster, or Risk Analyst. These roles provide the necessary experience and understanding of risk assessment and financial implications critical for a career in reinsurance.
VP, Technical Claims Lead - Reinsurance
- Rocky Hill, CT (3 miles from Cromwell, CT)
- 1 day ago
- Rocky Hill, CT (3 miles from Cromwell, CT)
- 1 day ago
Key Responsibilities: Strategic Planning: Contribute to and advise on plan developments to ensure relevancy, compliance, and optimal delivery Claims Management: Manage complex claims in collaboration...
- Hartford, CT (12 miles from Cromwell, CT)
- 1 day ago
- Hartford, CT (12 miles from Cromwell, CT)
- 1 day ago
Communicating with our external reinsurance partners by providing updates for ongoing reinsurance initiatives, responding to complex questions, and responding to Reinsurer Audit requests....
Reinsurance Technical Accountant
- Rocky Hill, CT (3 miles from Cromwell, CT)
- 90+ days ago
- Rocky Hill, CT (3 miles from Cromwell, CT)
- 90+ days ago
Reinsurance Technical Accountant will be part of the Reinsurance Operations team, overseeing the post bind reinsurance accounting activity on treaty reinsurance as well as assisting on cessions to Geneva...
Demographic Data for Cromwell, CT
Moving to Cromwell, CT? Find some basic demographic data about Cromwell, CT below.
Reinsurance Online Courses and Training Opportunities
Title Synonyms
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Salary for Reinsurance Jobs in Cromwell, CT
Required or preferred licenses and certifications for Reinsurance positions.
Highest Education Level
Reinsurances in Cromwell, CT offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Reinsurance position
- Drafting
- Claims Handling
- Waterfall
- Data Migration
- General Liability
- Property and Casualty Insurance
- Professional Liability
- Property Insurance
- Annuities
- Claims Processing
- Underwriting
- Variance Analysis
- Claims
- Financial Statements
- Generally Accepted Accounting Principles
- Account Reconciliation
- Juris Doctor
- Mediation
- Client Services
- Financial Analysis
- Financial Reporting
- Reimbursement
- Risk Management
- Relationship Management
- Finance
- Collections
- SQL
- Analytical Skills
- Accounting
- Written Communication
- Policy Administration
- Negotiation
- Auditing
- Presentation
- Flexibility
- Mentoring
- Documentation
- Collaboration
- Data Analysis
- Employee Development
- Interpersonal Skills
- Reporting
- Microsoft PowerPoint
- Sales
- Problem Solving
- Project Management
- Microsoft Office
- Microsoft Excel
- Time Management
- Research Skills
- Staff Supervision
- Organization
- Scheduling
- Leadership
- Communication Skills
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